Business : asked on puppycity78
 02.04.2023

Patterson Corporation expects to incur $70,000 of factory overhead and $60,000 of general and administrative costs next year. Direct labor costs at $5 per hour are expected to total $50,000. If factory overhead is to be applied per direct labor hour, how much overhead will be applied to a job incurring 20 hours of direct labor

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24.06.2023, solved by verified expert
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$140

Explanation:

With regards to the above, since the factory overhead is to be applied per direct labor hour

= [$70,000 ÷ ($50,000 ÷ $5) 20 hours]

= $70,000 ÷ 10,000 × 20 hours

= $7 × 20 hours

= $140

Therefore, $120 will be applied to job incurring 20 hours of direct labor

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Business
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$140

Explanation:

With regards to the above, since the factory overhead is to be applied per direct labor hour

= [$70,000 ÷ ($50,000 ÷ $5) 20 hours]

= $70,000 ÷ 10,000 × 20 hours

= $7 × 20 hours

= $140

Therefore, $120 will be applied to job incurring 20 hours of direct labor

Business
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P Answered by PhD
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C. Fair Credit Reporting Act

Explanation:

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The correct answer to this open question is the following.

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Answer:

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Assuming Dante earned 72.50 per week multiply 50 weeks is equal to 3625 yearly. It can be his employer deducted 500 federal tax as he earns low and doesn't need to pay tax so he can claim it by filing for refund. 

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